[Analyst: Bitcoin OTC Address Reserves Hit Historic Low, Down Over 75% from 2021 Peak] BlockBeats News, September 20, crypto analyst Darkfost posted that the Bitcoin reserves held by known over-the-counter (OTC) platform addresses have dropped to a historic low, currently around 123,000 BTC, compared to nearly 500,000 BTC in September 2021. The continuous decline in OTC reserves may be attributed to various factors, including investors leaning toward long-term holding of BTC, a more decentralized Bitcoin holding structure, and participants like miners no longer primarily selling BTC through OTC channels. Additionally, some holders may prefer selling directly through the public market. Regardless of the specific reasons, the significant reduction in OTC reserves indicates that fewer BTC are available for sale outside the public market. If buyer demand increasingly shifts to direct purchases in the public market, it could provide support for BTC prices. [Original Link]